Neumann Spencer Adam, an insider at Netflix Inc (NFLX), sold 3,821 shares of the company's stock on November 2, 2025, at a price of $1,120.38 per share, resulting in a total transaction value of $4.28 million. Following this sale, Neumann retains 3,821 shares of Netflix.
This transaction provides insight into insider activity within the media giant, which has a market capitalization of $464.3 billion and a P/E ratio of 44.51. Netflix, headquartered in Los Gatos, California, engages in providing entertainment services globally, offering paid memberships in over 190 countries. The firm is known for its extensive library of television series, films, and games, as well as its commitment to original content production.
Insider selling can happen for various reasons, including personal financial needs or tax planning, and does not necessarily indicate negative sentiment towards the company. While large or unusual selling patterns may attract investor attention, routine sales by insiders are typically part of standard financial management.
Investors are encouraged to consider patterns of insider activity over time and across multiple insiders, rather than focusing solely on isolated transactions. Such a comprehensive approach can provide a clearer picture of insider sentiment and company performance.
Netflix is set to report its upcoming earnings on April 15, 2026, with an estimated EPS of $0.83 and revenue of $12.4 billion, followed by another report on July 15, 2026, with an estimated EPS of $0.88 and revenue of $12.8 billion.